Portland home prices, rents continue to rise


Home prices are rising faster than wages in Portland and a growing number of other parts of the county. (Portland Tribune file photo)
Home prices are rising faster than wages in Portland and a growing number of other parts of the county. (Portland Tribune file photo)

PORTLAND, Ore. (PORTLAND TRIBUNE) — The supply of homes for sale in Portland has declined 31.6 percent since last April, the largest drop of any major city in the country, according to a new report.

The resulting shortage has helped push Portland home prices up 15.1 percent in the past year, to an average of

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